|
ATTACHMENT F
<br />City of Tukwila
<br />SURFACE WATER ENTERPRISE FUND
<br />2019 - 2024 Analysis in 000's
<br />REVENUES
<br />2015
<br />Actual
<br />2016
<br />Actual
<br />2017
<br />Actual
<br />2016
<br />Budget
<br />2016
<br />Estimate
<br />2019
<br />2020
<br />2021
<br />2022
<br />2023
<br />2024
<br />Total
<br />+20 %
<br />+15 %
<br />+5 %
<br />+3 %
<br />+5 %
<br />+3 %
<br />+5 %
<br />+3 %
<br />+5 %
<br />+3 %
<br />Annual Billings (Current) (1)
<br />5,086
<br />5,851
<br />6,148
<br />6,300
<br />6,347
<br />6,663
<br />6,863
<br />7,206
<br />7,422
<br />7,793
<br />8,027
<br />43,974
<br />Other Revenues
<br />28
<br />298
<br />157
<br />30
<br />50
<br />40
<br />50
<br />50
<br />60
<br />65
<br />70
<br />335
<br />Grants/Bond Proceeds (2)
<br />789
<br />147
<br />194
<br />2,656
<br />150
<br />2,367
<br />1,077
<br />3,277
<br />6,148
<br />188
<br />129
<br />13,186
<br />57,495
<br />Total Revenues 5,903 6,296 6,499 8,986 6,547
<br />9,070 7,990 10,533 13,630 8,046 8,226
<br />EXPENDITURES
<br />Operations & Maintenance
<br />1,909
<br />1,996
<br />2,033
<br />2,139
<br />2,139
<br />2,414
<br />2,330
<br />2,360
<br />2,454
<br />2,552
<br />2,654
<br />14,764
<br />Debt Service (3)
<br />316
<br />305
<br />303
<br />303
<br />303
<br />301
<br />300
<br />298
<br />285
<br />283
<br />282
<br />2,031
<br />Debt Service for PW Shops
<br />116
<br />703
<br />220
<br />251
<br />560
<br />560
<br />560
<br />560
<br />2,711
<br />Interfund Utility Tax(4) 10%
<br />510
<br />587
<br />617
<br />636
<br />640
<br />670
<br />691
<br />726
<br />748
<br />786
<br />810
<br />4,431
<br />Engineering Labor(6)
<br />344
<br />217
<br />208
<br />573
<br />310
<br />590
<br />607
<br />621
<br />640
<br />659
<br />679
<br />3,796
<br />27,451
<br />Subtotal 3,079 3,105 3,161 3,767 4,095
<br />4,195 4,179 4,565 4,687 4,840 4,985
<br />SSWM Capital - CIP Program
<br />2,662
<br />2,117
<br />3,098
<br />4,963
<br />4,406
<br />4,400
<br />2,751
<br />5,504
<br />7,639
<br />2,151
<br />2,202
<br />24,647
<br />52,098
<br />Total Expenditures 5,741 5,222 6,259 8,730 8,501
<br />8,595 6,930 10,069 12,326 6,991 7,187
<br />FUND BALANCE
<br />Change in Fund Balance(a)
<br />162
<br />1,074
<br />240
<br />256
<br />(1,954)
<br />475
<br />1,060
<br />464
<br />1,304
<br />1,055
<br />1,039
<br />5,397
<br />Beginning Balance
<br />2,063
<br />1,252
<br />2,603
<br />2,603
<br />2,999
<br />1,045
<br />1,520
<br />2,580
<br />3,044
<br />4,348
<br />5,403
<br />1,045
<br />6,442
<br />Ending Balance 2,225 2,326 2,843 2,859 1,045
<br />1,520 2,580 3,044 4,348 5,403 6,442
<br />Fund Balance:
<br />Reserved (b) 20% of revenue 834 1,230 1,261 1,266 1,230
<br />1,230 1,341 1,383 1,451 1,496 1,572
<br />1
<br />1,572
<br />Unreserved 1,391 1,096 1,582 1,593 (185)
<br />290 1,239 1,662 2,897 3,907 4,871
<br />4,871
<br />Ending Balance 2,225 2,326 2,843 2,859 1,045
<br />1,520 2,580 3,044 4,348 5,403 6,442
<br />6,442
<br />(a) Revenues in excess of (less than) expenditures
<br />(b) Annual reserve balance requirement equals 20% of the prior year operating revenues.
<br />2019 - 2024 Financial Planning Model XXXV11 1213112018
<br />
|